On This Crypto Ride of Speculation
hive-167922·@readthisplease·
0.000 HBDOn This Crypto Ride of Speculation
It can be frustrating seeing the value of your asset decrease over time after seeing it at a higher value in the past. The Bull run makes you feel invincible sometimes, you check your portfolio and the value has increased. For a moment you feel like that that is how its going to be forever. Some days ago I made a post about how the bitcoin price follows a specific pattern, and I am very excited about next year. The post showed a consistent 3 years market price spike followed by a 1 year price decline, and we have seen that happen in the past 10 years. Luckily for us we are in the price decline phase, expecting a spike soon.  [source](https://unsplash.com/photos/HQhafbF_FjI) During the bull season, you are usually caught up in an euphoric moment where you dont want to take profit because you feel that taking the profit will have you missing out on a great price. Well, experience has taught me that dollar cost average out during bull run is the best way to take profit without feeling that you are going to miss out. This will have you taking great advantage of the market very well. But then, we are all learning in this crypto game because its a great game of speculations. No one knows where the crypto will take us to, but I know for sure that we are on the right path, especially being on the Hive Blockchain. If you have enjoyed the bull run and had a great time, then you should try enduring the bear run. The bull run comes and gives everlasting hope that last us for a very long time. This hope is enough to sustain us during the price decline phase, especially during FUD. If you are doubting crypto, its usually advised to zoom out, this will show you just how far we have come in crypto. One thing about the crypto market is that it can make you feel pompous during the bull season and make you really humble during the bear season. The bear market is the time to build, but building on the right project is so important so you don’t go wasting your time and effort on something not worth it. This is why its advisable to have your portfolio diversified so you don’t go having all your eggs in one basket. Doing all the necessary research is essential to prevent investing in the wrong project, but no one can be really careful, as we saw a lot of people invest in the terra project and lost all their money. So once again, lets cheer ourselves for sticking in this crypto ride as we ride through the bear wave. Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@readthisplease/on-this-crypto-ride-of-speculation)
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